Grindr (NYSE: GRND) has recently received a number of price target changes and ratings updates:
- 8/7/2026 – Grindr had its “hold (c)” rating reaffirmed by Weiss Ratings.
- 8/7/2026 – Grindr had its “buy” rating reaffirmed by The Goldman Sachs Group, Inc.. They now have a $19.00 price target on the stock.
- 8/7/2026 – Grindr had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
- 8/7/2026 – Grindr had its “overweight” rating reaffirmed by Morgan Stanley. They now have a $20.00 price target on the stock.
- 8/1/2026 – Grindr was downgraded by Wall Street Zen from “buy” to “hold”.
- 7/5/2026 – Grindr was upgraded by Wall Street Zen from “hold” to “buy”.
- 7/1/2026 – Grindr was upgraded by Morgan Stanley from “equal weight” to “overweight”. They now have a $18.00 price target on the stock, up from $15.00.
Insider Buying and Selling
In related news, insider Zachary Katz sold 12,979 shares of the firm’s stock in a transaction that occurred on Monday, August 3rd. The stock was sold at an average price of $17.89, for a total transaction of $232,194.31. Following the completion of the transaction, the insider owned 690,172 shares in the company, valued at $12,347,177.08. This trade represents a 1.85% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Daniel Brooks Baer sold 3,500 shares of Grindr stock in a transaction on Wednesday, August 19th. The shares were sold at an average price of $15.65, for a total value of $54,775.00. Following the transaction, the director directly owned 47,912 shares of the company’s stock, valued at approximately $749,822.80. The trade was a 6.81% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 52,250 shares of company stock worth $818,045 over the last ninety days. Company insiders own 60.90% of the company’s stock.
Originally launched in 2009 by entrepreneur Joel Simkhai, Grindr was one of the first mobile apps to leverage geolocation technology for social networking.
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